Jacquin and Hutchinson Join U.S. Bancorp Piper Jaffray's Technology And Communications Mergers and Acquisitions Group

SAN FRANCISCO, April 25 /PRNewswire/ -- U.S. Bancorp Piper Jaffray has
strengthened its mergers and acquisitions (M&A) practice with the addition of
David M. Jacquin and Jason "Hutch" Hutchinson to its technology and
communications M&A group. Jacquin will head up the firm's technology and
communications M&A group.
Prior to joining U.S. Bancorp Piper Jaffray, both Jacquin and Hutchinson
were managing directors at Merrill Lynch & Co., in San Francisco, focused on
technology M&A. They bring 25 years of combined M&A experience to the firm.
Given the current position of the technology sector cycle, Jacquin expects
continued consolidation within the technology and communications sectors.
"Having witnessed the evolution of the technology and communications
sectors in recent years, we believe they are areas to watch for M&A activity
in 2001," said Jacquin. "In our opinion, the turbulent capital markets will
continue to create a window for acquirers to make opportunistic and strategic
acquisitions in the software and communications equipment sectors."
Jacquin and Hutchinson came to U.S. Bancorp Piper Jaffray because of its
culture and commitment to being a top growth company investment bank. They
were additionally drawn to the firm's acknowledged M&A practice. U.S. Bancorp
Piper Jaffray was named "Middle Market Mergers and Acquisitions Bank of the
Year," according to Mergers & Acquisitions magazine's annual "Best in M&A
Awards" issue, which appeared in February, 2001.
"With the increased M&A activity in the investment banking industry in
recent years, banks previously committed to 'growth companies' have ultimately
switched their focus to large-cap companies," said Jacquin. "Hutch and I are
excited to have joined U.S. Bancorp Piper Jaffray, a firm that has kept its
platform focus and, in the meantime, built an industry-recognized M&A
practice."
"Dave and Hutch come to U.S. Bancorp Piper Jaffray with years of
outstanding M&A experience," said Paul Grangaard, head of investment banking
at U.S. Bancorp Piper Jaffray. "They will enhance our ability to add value to
our technology and communications clients as they pursue growth through
strategic integration."
Prior to joining Merrill Lynch & Co., Jacquin was a managing director of
Montgomery Securities M&A group in San Francisco. He also specialized in
mergers and acquisitions while practicing corporate and securities law with
Cravath, Swaine & Moore in London and New York. Hutchinson was a managing
director of Montgomery Securities M&A group in San Francisco before joining
Merrill Lynch & Co. In addition, he previously practiced law with King &
Spalding's M&A group in Atlanta, Ga.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based
U.S. Bancorp (NYSE: USB), provides a full range of investment products and
services to businesses, institutions and individuals. The company's
investment banking business has grown exponentially in the last several years
by focusing on the needs of growth companies in the health care, technology,
financial institutions, consumer and industrial growth sectors. U.S. Bancorp
Piper Jaffray has a national reputation for its expertise in fundamental
research and equity and debt financing. U.S. Bancorp offers a comprehensive
range of financial solutions through U.S. Bank, First American Asset
Management, U.S. Bancorp Investments and its Libra Division and U.S. Bancorp
Piper Jaffray. Securities products and services offered through U.S. Bancorp
Piper Jaffray, Inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp.
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SOURCE U.S. Bancorp Piper Jaffray Inc.

SAN FRANCISCO, April 25 /PRNewswire/ -- U.S. Bancorp Piper Jaffray has
strengthened its mergers and acquisitions (M&A) practice with the addition of
David M. Jacquin and Jason "Hutch" Hutchinson to its technology and
communications M&A group. Jacquin will head up the firm's technology and
communications M&A group.
Prior to joining U.S. Bancorp Piper Jaffray, both Jacquin and Hutchinson
were managing directors at Merrill Lynch & Co., in San Francisco, focused on
technology M&A. They bring 25 years of combined M&A experience to the firm.
Given the current position of the technology sector cycle, Jacquin expects
continued consolidation within the technology and communications sectors.
"Having witnessed the evolution of the technology and communications
sectors in recent years, we believe they are areas to watch for M&A activity
in 2001," said Jacquin. "In our opinion, the turbulent capital markets will
continue to create a window for acquirers to make opportunistic and strategic
acquisitions in the software and communications equipment sectors."
Jacquin and Hutchinson came to U.S. Bancorp Piper Jaffray because of its
culture and commitment to being a top growth company investment bank. They
were additionally drawn to the firm's acknowledged M&A practice. U.S. Bancorp
Piper Jaffray was named "Middle Market Mergers and Acquisitions Bank of the
Year," according to Mergers & Acquisitions magazine's annual "Best in M&A
Awards" issue, which appeared in February, 2001.
"With the increased M&A activity in the investment banking industry in
recent years, banks previously committed to 'growth companies' have ultimately
switched their focus to large-cap companies," said Jacquin. "Hutch and I are
excited to have joined U.S. Bancorp Piper Jaffray, a firm that has kept its
platform focus and, in the meantime, built an industry-recognized M&A
practice."
"Dave and Hutch come to U.S. Bancorp Piper Jaffray with years of
outstanding M&A experience," said Paul Grangaard, head of investment banking
at U.S. Bancorp Piper Jaffray. "They will enhance our ability to add value to
our technology and communications clients as they pursue growth through
strategic integration."
Prior to joining Merrill Lynch & Co., Jacquin was a managing director of
Montgomery Securities M&A group in San Francisco. He also specialized in
mergers and acquisitions while practicing corporate and securities law with
Cravath, Swaine & Moore in London and New York. Hutchinson was a managing
director of Montgomery Securities M&A group in San Francisco before joining
Merrill Lynch & Co. In addition, he previously practiced law with King &
Spalding's M&A group in Atlanta, Ga.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based
U.S. Bancorp (NYSE: USB), provides a full range of investment products and
services to businesses, institutions and individuals. The company's
investment banking business has grown exponentially in the last several years
by focusing on the needs of growth companies in the health care, technology,
financial institutions, consumer and industrial growth sectors. U.S. Bancorp
Piper Jaffray has a national reputation for its expertise in fundamental
research and equity and debt financing. U.S. Bancorp offers a comprehensive
range of financial solutions through U.S. Bank, First American Asset
Management, U.S. Bancorp Investments and its Libra Division and U.S. Bancorp
Piper Jaffray. Securities products and services offered through U.S. Bancorp
Piper Jaffray, Inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X21438877
SOURCE U.S. Bancorp Piper Jaffray Inc.